Illinois State Treasurer Frerichs Champions Plan to Create Investment Pool for Nonprofit Organizations
March 19, 2024
March 19, 2024
CHICAGO, Illinois, March 19 -- The Illinois State Treasurer issued the following news release:
Illinois State Treasurer Michael Frerichs is calling on lawmakers to support his initiative to create a new investment pool enabling nonprofit organizations to invest together in higher-interest portfolios and generate additional funds for their good works.
"The Illinois Funds investment pool is known for being safe, liquid, and competitive, and it has a strong track reco . . .
Illinois State Treasurer Michael Frerichs is calling on lawmakers to support his initiative to create a new investment pool enabling nonprofit organizations to invest together in higher-interest portfolios and generate additional funds for their good works.
"The Illinois Funds investment pool is known for being safe, liquid, and competitive, and it has a strong track reco . . .